How big is the IoT Analytics Market?

The IoT Analytics Market size is expected to reach USD 38.16 billion in 2024 and grow at a CAGR of 24.72% to reach USD 115.15 billion by 2029. Read More

What is the current IoT Analytics Market size?

In 2024, the IoT Analytics Market size is expected to reach USD 38.16 billion. Read More

Who are the key players in IoT Analytics Market?

Microsoft Corporation, Amazon Web Services, Inc., Cisco Systems, Inc, Oracle Corporation and IBM Corporation are the major companies operating in the IoT Analytics Market. Read More

Which is the fastest growing region in IoT Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IoT Analytics Market?

In 2024, the North America accounts for the largest market share in IoT Analytics Market. Read More

What years does this IoT Analytics Market cover, and what was the market size in 2023?

In 2023, the IoT Analytics Market size was estimated at USD 30.60 billion. The report covers the IoT Analytics Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the IoT Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IoT Analytics Market - Size, Share & Growth, Report

IoT Analytics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers IoT Analytics Companies and it is segmented by Type (Solution, Service), Deployment (On-Premise, Cloud), End-User Vertical (Agriculture, Energy & Utility, BFSI, Retail, Manufacturing, Public Sector), and Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (in USD Billion) for all the above segments.

IoT Analytics Industry Overview

The competitive rivalry amongst the players in the IoT analytics market is moderately high owing to the presence of some key players such as Microsoft, AWS, CISCO, and many more. Their ability to continually innovate their offerings by conducting extensive research and development activities has enabled them to gain a competitive advantage over the other players.

In August 2022, Amazon Web Services (AWS) announced that CEAT LTD (CEAT) is using AWS to drive smart manufacturing and invent intelligent tires with sensors that can predict various data points, such as load and wear. Using the breadth and depth of AWS cloud capabilities, including the Internet of Things (IoT), analytics and business intelligence, and machine learning, CEAT is digitizing factories to unlock manufacturing efficiencies, make data-driven decisions with SAP on AWS, and launch innovative digital services.